09
Nov
12:24
RINL raises steel prices on rising domestic demand
Rashtriya Ispat Nigam (RINL) has hiked semi-finished and finished long steel prices for November deliveries, mainly on the back of rising steel demand in the domestic market.
The firm has increased prices for IS 2830 grade 125mm square billet to INR 52,100/tonne ($703.23/t) ex-Vizag for November deliveries, from INR 51,100/t ex-Vizag for October deliveries. Similarly, RINL has hiked IS 1786 fe 500D 8mm rebar in coil from INR 59,700/t to INR 61,200/t, Kallanish not…
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Anonymous
Very good overview of the weekly steel market.
Anonymous